Dollar Financial posts 4Q loss, annual profit drops 97 percent as it closes 114 storesAugust 28th, 2009 Dollar Financial posts 4Q loss, annual profit dropBERWYN, Penn. — Dollar Financial Corp.
Freddie Mac posts quarterly loss of $374 million, seeks no new government aid for nowAugust 8th, 2009 Freddie Mac's loss narrows, eschews federal aidWASHINGTON — Freddie Mac escaped the second fiscal quarter without asking the government for any new financial aid, but still expects to need more federal help in the future. The government-controlled mortgage finance company on Friday posted a quarterly loss of $374 million, or 11 cents a share, including $1.1 billion in dividends paid to the government.
Fannie Mae seeks $10.7 billion in new US aid after posting $15.2 billion second-quarter lossAugust 7th, 2009 Fannie Mae seeks $10.7B in US aid after 2Q lossWASHINGTON — Fannie Mae plans to tap $11 billion in new government aid after posting another massive quarterly loss as the taxpayer bill from the housing market bust keeps growing. The mounting price tag for the rescue of Fannie and its goverment-sponsored sibling, Freddie Mac, is surpassed only by insurer American International Group Inc., which has received $182.5 billion in financial support from the government so far.
Michelin posts euro122 million loss as crisis in automobile market shrinks demand for tiresJuly 31st, 2009 Michelin posts first-half lossPARIS — French tire maker Michelin on Friday posted a net loss of euro122 million ($172 million) in the first half as car- and truckmakers slashed production and as the company incurred costs for restructuring. The quarterly loss compared to net profit of euro430 million a year earlier.
Weyerhaeuser posts wider 2Q loss as weak demand hurts salesJuly 31st, 2009 Weyerhaeuser posts wider loss in second quarterFEDERAL WAY, Wash. — Weyerhaeuser, one of the world's largest forest product companies, says it lost $106 million in the second quarter as the slumping housing market kept demand low for its timber and wood products.
Oshkosh posts 3rd-quarter loss as low demand for construction activity hurts some unitsJuly 30th, 2009 Oshkosh posts 3rd-quarter loss on lower demandOSHKOSH, Wis. — Vehicle maker Oshkosh Corp.
Lee Enterprises posts 3rd-quarter loss, ad sales plunge 24 percentJuly 30th, 2009 Lee Enterprises posts 3Q loss, ad sales plungeDAVENPORT, Iowa — Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and dozens of other newspapers, reported a $24.5 million quarterly loss Thursday, hurt by write-offs on the book value of its assets and a persistent advertising slump.
Singapore Airlines posts first quarterly loss since 2003 as revenue plungesJuly 30th, 2009 Singapore Airlines posts first loss since 2003SINGAPORE — Singapore Airlines Ltd. posted its first quarterly loss since 2003 as tourism dropped and travelers sought budget carriers amid a global recession.
SBA Communications posts wider-than-expected 2Q loss, as higher costs trumped stronger salesJuly 29th, 2009 SBA Communications posts wider 2Q lossBOCA RATON, Fla. — SBA Communications Corp., which leases cell phone towers to wireless providers, on Tuesday posted a wider-than-expected loss for its second quarter as operating costs grew.
National Semi posts $64M loss in latest quarter, outlook slightly ahead of expectationsJune 12th, 2009 National Semi posts $64M 4Q loss but tops viewsSANTA CLARA, Calif. — National Semiconductor Corp.
Freddie Mac seeks $6.1 billion in government aid after posting $9.9 billion first-quarter lossMay 12th, 2009 Freddie Mac seeks $6.1B in US aid after 1Q lossWASHINGTON — Mortgage giant Freddie Mac is looking for $6.1 billion in additional government aid as the cost to taxpayers from the housing market bust keeps growing. The McLean, Va.-based company, seized by federal regulators in September, on Tuesday posted a loss of $9.9 billion, or $3.14 per share, for the quarter ending March 31.
Fannie Mae seeks $19 billion in government aid after posting $23.2 billion 1st-quarter lossMay 8th, 2009 Fannie Mae seeks $19B in US aid after 1Q lossWASHINGTON — Fannie Mae issued a grave warning about its future on Friday, saying it needs $19 billion in additional government aid as job losses grow and risky loans made during the housing boom go bad at an unnerving pace. The mortgage finance company, which already got a $15 billion government bailout in March, warned it may need even more money and won't be profitable for the foreseeable future.
Wendy's/Arby's posts $10.9 million loss in 1st quarter due partly to $15 million chargeMay 8th, 2009 Wendy's/Arby's posts $10.9M loss in 1QNEW YORK — Wendy's/Arby's Group says it posted a $10.9 million loss in the first-quarter as Arby's sales fell and it took a one-time $15 million charge, in part, to integrate the two fast food chains. The quick-service restaurant chain lost 2 cents per share in the period.
Weyerhaeuser posts 1st-qtr loss on weak housing market but adjusted results top estimatesMay 5th, 2009 Weyerhaeuser posts 1st-qtr loss on weak housingFEDERAL WAY, Wash. — Weyerhaeuser Co.
Electronic Arts posts 4th-quarter loss, lower revenueMay 5th, 2009 Electronic Arts posts 4Q lossNEW YORK — Electronic Arts is reporting a smaller net loss for its fiscal fourth quarter, a period with few hit game launches. It also confirms its guidance for the current fiscal year.
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